Transportation

April 2012 - Sponsor Advised by Astris Closes Second Financing in Panama in a Row

Astris Finance is pleased to announce the successful closing of a USD 782m non‐recourse term financing facility for the Balboa Avenue Improvement Project developed by Construtora Norberto Odebrecht. This is the second project closed in Panama by Odebrecht, following the financing of the USD 176m Panama City Historic Heritage Preservation Project in November 2011.

March 2011 - USD 950m Astris-Advised PPP Bids Granted Preferred Bidder Status

Astris Finance is pleased to announce that Construtora Noberto Odebrecht, the construction arm of leading Brazilian developer Odebrecht, was appointed preferred bidder in connection with two construction projects to be developed under a PPP framework with the Government of Panama. Astris acted as bid stage advisor to Odebrecht.